📉 BTC Update: Testing The Support Edge! 📢

Bitcoin (BTC) took a dive yesterday, hitting $24,800 for the first time in three months. 📊 – if BTC breaches the support levels at 📉 🔽 $25,500 - $24,500 🔽 (Which we are biased to and expected since time ago),

These levels will be potential mid-term support zones 📉🔽 $23,500 - $21,100 - $20,800 - $19,500 - $18,500 🔽. It's essential to have your risk management strategy ready, especially during these volatile times.
https://www.tradingview.com/x/L1J7iw4d/

Summary of previous updates from $30500
https://t.me/WildBitcoin/5656

Stay vigilant and trade wisely! 💼💡

Good luck to all.
Wild Bitcoin™
🙏we ask Allah reconcile and repay🙏

#BTCUSDT Short-term Trading Setup below 25500!

Buy: 21574 - 22512 - 23450

Take - Profit Targets:

Target 1: 24388
Potential Profit: 8.33%

Target 2: 25326
Potential Profit: 12.50%

Target 3: 27202
Potential Profit: 20.83%



Stop-Loss: 20711
Risk/Reward: 8.00% / 20.83%
Potential ROI :13.5%

Risk Percentage / Position size : 1%

Exchange : Binance, KuCoin, ByBit, Bitstamp, Coinbase

Duration: 7-45 Days
Confidence in Trade : Low

Note: Potential profit and ROI calculated from average entry.

we ask Allah reconcile and repay.

#BTC has recently experienced another rebound, ranging from $248XX to $258XX.

As we said before
If you're experienced and comfortable with scalping, you can consider handling trades within this range. However, if you prefer a more cautious approach, it's perfectly fine to monitor the situation closely and wait for clearer signals.

$25750-25500 are still good entries with SL below $25000
But you need to be more cautious and use strict risk management.



Regarding our most recent update and the accompanying trading signal, both remain applicable in the short term. It's worth noting that these changes might take some time, possibly falling within the timeframe of 7 to 45 days, before they are fully implemented and entry points are achieved, especially if the support range is breached.

The initial perspective remains valid. The support range between $25,500 and 24,500 has been clearly defined, and if it's broken, our latest update comes into play. However, if we witness a return above 26,500 to 27,500, substantiated by daily closures, we might consider making adjustments in the current scenario. As of now, there have been no significant alterations. It's crucial to thoroughly read and comprehend the information provided to help yourself understand and connect the dots.
https://www.tradingview.com/x/dLRafxl4/

Good luck to all.
Wild Bitcoin™
🙏we ask Allah reconcile and repay🙏

#BTC Analysis Update 📉📈💰

Bitcoin (BTC) has experienced a recent price increase, touching $26500 before retracing to around $25850. Despite this short-squeeze, our overall outlook remains bearish, with a focus on the potential for a breakdown for the $25K-$24K range, barring any significant changes.

It's important to note that during this period, there might be instances of repeated rebounds and increased volatility, as we witnessed today. This situation can provide opportunities for scalper traders to execute quick trades, as previously mentioned.

Our primary focus remains on monitoring the performance in the $25K-$24K region. If we observe stability or clear reversal signals in this zone, we may consider long positions with a well-defined signal setup. However, if no significant developments occur, we will continue to watch and wait for the anticipated breakdown.
https://www.tradingview.com/x/QTD7QzSK/
Stay tuned for further updates as market conditions evolve! 🚀📊📈

Good luck to all.
Wild Bitcoin™
🙏we ask Allah reconcile and repay🙏

If you took any scalping near 25750-25500 try to secure some of your profits

We ask Allah reconcile and repay

#BTC Testing $26.5K Once Again! 📈🧐

Bitcoin (BTC) is once again testing the $26,500 level, marking the third time within the last 10 days. The market's performance during this period is crucial, and all eyes are on how the daily candle will close.
As previously outlined in our updates, the support range between $25,500 and $24,500 has been clearly defined. If this support range is breached, it would activate our mid-term outlook and signal, as posted here and here.

Our primary focus remains on closely monitoring how BTC behaves in the $25K-$24K region. If we witness signs of stability or clear reversal signals in this zone, we may consider long positions based on a well-defined signal setup. However, if there are no significant developments, we will continue to watch and wait for the anticipated breakdown.

For now, the key point of interest is the daily close, particularly whether BTC manages to achieve a daily close above $26,500 or experiences another rejection.

Good luck to all traders! 🚀📊📈
Wild Bitcoin™
🙏we ask Allah reconcile and repay🙏

#BTC: Breaking Through First Resistance Levels!⚡️

#Bitcoin (BTC) has achieved first sign with a daily close above the $26,500 level. This has opened the gates to the next resistance levels, which can be found around $27,350, $27,650, and $28,100.

At the time of writing, BTC is trading at $26,500.

For those who are comfortable and adept at managing scalping trades, the range between $26,500 and $25,850 could offer a favorable opportunity. Ensure you have a well-defined stop-loss strategy, with a stop-loss set at $25,350.

Note:
Our view still remain for now there is no change yet.

Please remember that the cryptocurrency market can be highly volatile, so it's essential to stay vigilant and manage risk effectively. Good luck with your trades! 👀

Good luck to all traders! 📊
Wild Bitcoin™
🙏we ask Allah reconcile and repay🙏

#BTCUSDT Risky Scalping Setup

Buy : 25734 - 26132 - 26543

Take - Profit Targets:

Target 1: 26928
Potential Profit: 3.05%

Target 2: 27326
Potential Profit: 4.57%

Target 3: 28122
Potential Profit: 7.61%



Stop-Loss: 25348
Risk/Reward: 3.00% / 7.61%
Potential ROI : NA%

Risk Percentage / Position size : 0.5%

Exchange : Binance, KuCoin, ByBit, Bitstamp, Coinbase

Duration: 1-7 Days
Confidence in Trade : Low

Note: Potential profit and ROI calculated from average entry.

we ask Allah reconcile and repay.

Binance, ByBit Spot, KuCoin
#BTC/USDT Entry 1 ✅
Average Entry Price: 26543 💵

Important Market Update, Stay Informed and Cautious📉📈

While we've recently shared two scalping entry points $25750-25550 , $26500-25730, one of which includes a Cornix setup, it's essential to stay aware of the current performance. The slight rebound has managed BTC to attain a close above the $26,500 mark. However, it's vital to emphasize that our primary perspective remains bearish at this point in time.

🐻 So, exercise caution and ensure that you adhere to your risk management strategies. Take the necessary steps to safeguard any profits you've previously accumulated. Before considering new entries, meticulously manage your risk. The market is dynamic, and it's crucial to stay prepared.

Your financial security is paramount. Stay prudent in these dynamic market conditions. 🚀📊

Good luck to all traders! 📊
Wild Bitcoin™
🙏we ask Allah reconcile and repay🙏

Binance, ByBit Spot, KuCoin
#BTC/USDT Take-Profit target 1 ✅
Profit: 1.4505% 📈
Period: 3 Days 9 Hours 13 Minutes ⏰

Binance, ByBit Spot, KuCoin
#BTC/USDT Take-Profit target 2 ✅
Profit: 2.9499% 📈
Period: 3 Days 11 Hours 53 Minutes ⏰

#BTC Analysis: Approaching Mainly Resistance Zone 📉📊

BTC is currently approaching a resistance zone at $27,650-$28,100. Our view remains biased towards the bearish side, and this perspective still holds true despite the recent bullish rebound. As long as BTC remains below $28,500-$29,500 on a weekly basis, the scenario we've outlined remains active.


We've previously shared two entries at $25,500 and $26,500, both of which are currently in profit. These trades were made based on movement reactions, even though we maintain a bearish outlook.
To safeguard your trades and profits, consider placing stop-loss orders at your entry points and holding 25% of your positions in case the market moves against our expectations.

Additionally, please be aware that the FOMC news is scheduled for the day after tomorrow, which can introduce volatility and other market effects. Exercise caution and stay tuned for further updates. 📊👀


Good luck to all
We ask Allah reconcile and repay

#BTC STATUS
https://www.tradingview.com/x/IQD6aFed/
We ask Allah reconcile and repay

🚨 FOMC Alert 🚨

The FOMC meeting is happening today. Expect market volatility. Stay informed, manage risks, and keep your long-term goals in mind.

We ask Allah reconcile and repay

FED: no changes in rates.

#BTC Quick update! 🚨

It's essential to maintain a vigilant eye on the performance within the resistance zone we've indicated, spanning from $27,650 to $28,100. our perspective on Bitcoin (#BTC) remains bearish, and this stance holds unless we observe a conclusive daily or weekly close above this specified range at $28500-$29500.

If you've engaged in recent scalping entries, particularly those initiated at $25,500 and $26,500, ensure that you secure some of the profits you've accumulated and set sl at entry.
https://www.tradingview.com/x/WHdl3Vyq/

Good luck to all traders! 📊
Wild Bitcoin™
🙏we ask Allah reconcile and repay🙏

#BTC Analysis: Keeping an Eye on the Support line🧐💰

Although we marked a $27650-28100 as PSZ, Bitcoin (#BTC) has encountered resistance in the $27,400 to $27,500 range, leading to a pullback to around $26,500. This price action aligns with our earlier expectations for BTC.

We've also seen a successful scalping trade from $26,500 closed at entry, which reached TP2, showcasing the value of closely monitoring market movements and adapting to them.

Now, it's essential to maintain a vigilant watch on BTC's performance, especially around this support zone. A breakdown from here could provide a significant boost to our previously set view.

Stay alert and be ready to adapt to changing market conditions. Trading requires constant assessment and decision-making to maximize opportunities. 📊📈👀


https://www.tradingview.com/x/RKW2SHjk/

Best of luck with your trades! 🙌
Wild Bitcoin™
🙏we ask Allah reconcile and repay🙏

#BTC Analysis: Beware of Short Squeezes 📉🚀

Bitcoin (#BTC) is displaying some interesting price action within the $25,950 to $26,350 range. This movement could potentially set the stage for a short squeeze, pushing prices higher towards the $26,750 to $27,150 range.

However, it's essential to note that our overall view remains bearish. While short squeezes can create sudden upward movements, they don't necessarily change the broader market sentiment.

As a trader, it's crucial to exercise caution and adhere to sound risk management practices. The cryptocurrency market can be highly volatile, and sudden price spikes can happen. Always be prepared for various scenarios and adapt your trading strategy accordingly. 📊📈🚀

Stay vigilant and trade wisely! 💡👀

Best of luck with your trades! 🙌
Wild Bitcoin™
🙏we ask Allah reconcile and repay🙏

#BTC Analysis: Short Squeeze and Ongoing Bearish Bias 📉📈

Bitcoin (#BTC) recently experienced a short squeeze, as we highlighted in our last update. Prices surged from $26,150 to $26,850, only to retreat once more to $261XX, currently hovering around $26,450.

Despite this short-term price action, our overall view of BTC remains bearish. We anticipate the potential for a breakdown below $25,500 to $24,500. However, it's essential to closely monitor the performance of BTC, especially concerning the local support at $26,000.

Please note that our bearish bias will be invalidated if BTC manages to secure a daily and weekly close above the range of $28,500 to $29,500.
https://www.tradingview.com/x/QOlsilQm/
In trading, adaptability and diligence are crucial. Market conditions can change swiftly, so being prepared for various scenarios is vital. 📊📈👀

Stay vigilant and trade wisely! 💡👀

Best of luck with your trades! 🙌
Wild Bitcoin™
🙏we ask Allah reconcile and repay🙏

#BTC Analysis: Recent Rebound and Short Squeeze 📈📉

Bitcoin (#BTC) has shown an rebound, rising from the $26,3XX range to conclude with a daily close around $27,100. This surge in price can be attributed to the short squeeze phenomenon we discussed in our previous updates.

To provide context, in our previous analysis, we mentioned the potential for a short squeeze that could propel prices upwards, targeting the $26,750 to $27,150 range.

Despite this $1,000 increase, it's crucial to maintain perspective. BTC is still operating within the short squeeze parameters, primarily below the major resistance line at $28,500 to $29,500.

While this rebound is noteworthy, we must reiterate that labeling the charts as definitively bullish requires confirming signs. The recent rebound and daily close can be considered positive signs, but true confirmation would necessitate a breakout above the key resistance zone at $28,500 to $29,500 on a daily-weekly basis.

Therefore, our view remains cautious with a bias toward the bearish side. We are diligently monitoring performance, and any noteworthy developments will prompt updates from us.
https://www.tradingview.com/x/ra3IG9IP/

📈 Short-term resistance! 🚀🔒
🔼29500 - 28650 - 27450🔼

📈 Mid-term resistance! 🚀🔒
🔼 31750 - 32100 - 32700 🔼

📉 Short-term Support! 📉
🔽 25500 - 24500 🔽

📉 Mid-term Support! 📉
🔽23500- 22100- 20800 -19500 - 18500 🔽


Please read this user guide 📖 , before you follow us: 👇
https://prnt.sc/XbrZNK9yHYMf
https://bit.ly/3gbsILg

Stay vigilant and trade wisely! 💡👀
Exercise caution, and be prepared to adapt your trading strategy as market conditions evolve! 📈📉📊

Best of luck with your trades! 🙌
Wild Bitcoin™
🙏we ask Allah reconcile and repay🙏